Why do we ask you to verify your bitcoin address?
In order to be active as a Bitcoin company, De Nederlandsche Bank (DNB) insists on additional verification measures. More information regarding the demanded measures can be found in the announcement by DNB. We have protested against these measures up until the very last moment, also because they are ineffective with regards to the goals they intend to accomplish. Unfortunately this was not succesful and as such we have to verify bitcoin addresses (whitelisting).
Initially, DNB insisted on the requirement of an upload of a screenshot belonging to our customers wallet for every bitcoin address that was previously unknown to Bitonic. Luckily, we were able to sue DNB against this measure with a succesful outcome.
Regardless, bitcoin addresses still need to be verified by answering basic questions about the bitcoin address. This can be done via the transaction page to which you will be redirected upon succesfully paying your order. You are also able to add and verify bitcoin addresses upfront via your account page.